Trademagazin > News and articles > Market News > Partly European Union-funded tobacco plant opens in Debrecen
Partly European Union-funded tobacco plant opens in Debrecen
Róna Tobacco Trade Kft.’s new plant was built from a budget of HUF 3.1 billion and it now employs 440 people – told Marc Wagner, managing director of majority owner Vandewyck Tobacco at the opening ceremony. The European Union funded the project with HUF 322.5 million. Róna Tobacco Trade Kft. created 170 new jobs. Each year 8 billion cigarette tubes and 700-800 tons of RYO tobacco will be produced at the new plant. 50 percent of the ingredients they use are Hungarian and 50 percent are from
import.
Related news
More related news >
Related news
GKI Analysis: Without EU funds, the domestic economy would just flounder
On May 1, Hungary marks the 21st anniversary of joining…
Read more >NGM: we always take action against unjustified price increases, inflation may decrease further in the coming months
The government is successfully fighting price increases. In April, inflation…
Read more >April inflation was higher than expected
In April, annual inflation was 4.2 percent, and prices rose…
Read more >